Vincent Phang and Vincent Yik, the former CEO and CFO of Singapore Post (SingPost), have stated that they will vigorously contest their termination, claiming the reasons provided lack substance and the process was unfair. They deny allegations of negligence, inappropriate behavior, or misrepresentation of facts.
Singpost 's former CEO Vincent Phang and CFO Vincent Yik said they will vigorously contest the termination of their employment.Kang Wan Chern
They added: "We vigorously contest the termination of our employment, both on merits and on the grounds of procedural unfairness. SingPost said in a Dec 22 exchange filing that it received a whistle-blowing report relating to its international e-commerce logistics parcels business earlier in 2024.The report alleged that manual entries of certain delivery status codes for international parcel shipments under a delivery agreement with one of its largest customers were made by the SingPost business unit with the intention of avoiding contractual penalties. This was done without supporting documentation.
Singpost Termination Whistleblower CEO CFO
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